Why AbbVie Stock Slumped Today
Shares of (NYSE: ABBV) were bouncing along merrily for most of Thursday's trading session, until news of a fresh demand from the White House quashed the rally. Initially, the market was cheered by better-than-expected quarterly results published by the company that morning. Ultimately AbbVie's stock closed down slightly lower in price, roughly mirroring the trajectory of the S 500 index.
That late-session swoon was kind of a shame, because AbbVie's second quarter boasted some good fundamentals.
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Source Fool.com
AbbVie Inc. Stock
€184.80
-0.430%
The stock is an absolute favorite of our community with 36 Buy predictions and no Sell predictions.
As a result the target price of 208 € shows a slightly positive potential of 12.55% compared to the current price of 184.8 € for AbbVie Inc..
